Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Rapidly Growing Franchise Quick Printing Shop
(Manufacturing)
Dallas, Texas
Listed Price: $ 475,000
Listing ID: 000862

Listing DetailsDown Payment: $ 120,000
Gross Revenue: $ 1,035,429
Cash Flow: $ 262,147
FFE: $ 40,000 (Included in Price)
Inventory: $ 3,000 (Included in Price)
Reason for Sale:

Other opportunity


Training & Support:

While Corporate will provide a comprehensive hands-on training, the current business owner will provide training and support to make the transition as seamless as possible.


Listing SummaryBusiness Description:

High volume well-established national franchise printing and sign company located in prime location is now available for acquisition. This fast growing company was originally established in 2016 by current owner. This business occupied in a 1,700 SF space of retail strip center is conveniently located just off the highway in a community center which is anchored by nationwide grocery and home improvement store as well as national department store and many national retailers. The brand has received very good reputation from their clients and is well known in the industry as a quick printing and sign company because they provide a variety of sign and graphics products in superior quality for any business visibility needs. This franchise has grown to over 600 locations nationwide in United States as of today. A majority of customer base consists of business to business (B2B) customers ranging from all kinds of retail businesses, restaurants to real estate property management companies. Few competitors were found in the immediate market area, but most of them are small sign shops not considered to be any significant. Although there is one noticeable competitor in the immediate market area which is another franchised location but said competitor was outperformed by this fast growing print and sign company by far for the past 3 years. Gross sales of this sign company have been consistently and rapidly growing since its inception and are tracking to do more than $1 million in 2019 due to their strong brand name, coupled with high quality sign and graphics products. Product and services include storefront signs, window graphics, flags & banners, yardsigns, post & panel signs, apartments & monuments signs, printing collateral & T-Shirts and all types of interior and exterior signs. Although some marketing is in place through the franchisor, more of store-level proactive marketing method such as direct-mailing, flyer, promotion etc. to local area needs to be utilized to achieve maximum income potential as well as growing the customer base beyond the immediate market area within the city. Since the owner is the only sales person in this business, hiring additional sales people will possibly generate more revenues of the business as well as it will increase the fluidity of transactions between the business and customers while allowing the owner more time to focus on active marketing within the area to bring in new customers. POS system provided by corporate has helped the business's operation flow much smoother, allowing this business to enhance the way customer are served and handled. This is a great opportunity to acquire national franchise printing and sign company for potential buyer who is willing to be more hands-on in the day to day operation and marketing to reach out to untapped areas of the city.


Competition:

There is no direct competition around to be considered as a threat as a couple of competitions is small, mom and pop operations and one franchised location has been outperformed by this business for past few years by far.


Potential Growth:

Currently, this business is mainly targeting businesses that are newly opened or referred businesses by the Chamber of Commerce but can expand their targeted market to the existing businesses that have visibility needs. Setting up a professional sales team is another avenue to grow the sales by reaching out to customers within untapped areas of the business as each sales person can possibly generate 20-35K of extra revenues per month.


Financing/Terms:

100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers.


LocationSquare Footage: 1700
Facilities:

Occupied in a 1,700 SF of retail strip center located in a community center which generates a tremendous amount of traffics on a daily basis. All equipment is in impeccable condition and in excellent working order.


OperationYear Established: 2016
Employees: 3FT
Absentee Owner: No